Mobile Money Ventures has sold its Web banking technology to Intuit Financial Services, which already uses the platform at more than 320 credit unions and banks, the companies said.
Deal eliminates competition between P2P offerings, better positions company for battle with other contenders large and small.
Beginning next year, NCUA examiners will expect credit unions to be following a tougher new set of guidelines for securing online banking and money transfers.
Multi-agency council, chaired by NCUA's Matz, says new guidance will be added to examiner expectations starting next year.
Intuit Financial Services partnered with Citi startup in 2009.
In the mobile retail banking vendor race, some runners are way ahead of the pack, while others lag far behind.
A federal judge has dismissed MShift Inc.'s mobile banking patent infringement lawsuit against Intuit Financial Services and a Louisiana bank.
Mobile banking company MShift Inc. has filed a federal lawsuit against Digital Insight and one of its customers, a Louisiana bank, charging them with infringing on an MShift patent.
Online banking vendor Digital Insight and one of its customers has been sued by MShift Inc., a mobile banking software specialist which says DI is infringing on its patent.